Saturday , 13 August 2022

Currencies

Buffett & Bitcoin: 10 Memorable Views

Warren Buffett has been a vocal critic of Bitcoin in recent years, repeatedly dismissing the cryptocurrency as worthless and a risky, speculative asset. Here are 16 of his best quotes.

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Roach Predicts A 35% Drop In the USD

Stephen Roach, former Morgan Stanley Asia chairman, is sounding the alarm on the U.S. dollar predicting that the U.S. Dollar Index will drop by 35% and foresees legitimate challenges to the greenback’s status as the world’s dominant reserve currency. [Here are the reasons why.]

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The Developing Disaster Facing the U.S. Dollar & the World (+13K Views)

When the supply of something is increased sharply relative to demand, the value of that commodity will decline. If the supply continues to increase rapidly and indefinitely, then that item will become worth less and less, with the potential to finally become nearly worthless. This is the Developing Disaster facing the US Dollar and the world. This is the factor that could become the single most important criterion in investment allocation decisions and possibly even for individual financial survival.

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